IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications.

The market was today with a repeat of the end of last week activity in the entire drybulk market. The capes had unchanged fine activity and the panamax, supramax and handysize all continued with positive activity.

The capesizes had good activity and therefore the result was with slight increasing rates in almost all areas and directions. For the panamax size the activity was also again better and the market reacted with slight increasing rates in almost all areas and directions.

For the supramax and handysize dry cargo tonnage the market again had positive activity levels. The supramax tonnage had fine activity with further slight increasing rate levels in most areas and directions. For the handysize vessels the market was with further improving activity, and resulted in more minor increasing rates in all areas and directions.

The European coaster market was today with unchanged activity level. In the Baltic Sea area or on the Continent the freight rates were with further minor falling rates. The freight rates in the Black Sea area were with minor increasing rates and the Mediterranean had again minor increasing rate levels today.

The tanker market was today with a very nervous level of activity. The crude oil tankers were with better activity resulting in slight increasing rates in most areas and directions, except no safe passing of Hormuz. The product tanker market was today with fine activity and it resulted in further minor increasing rate levels from the various loading areas.

We will be back tomorrow with more freight market news from www.icshipbrokers.com